What’s Ahead for Sandspring Resources Ltd. After Today’s Huge Increase?

 What's Ahead for Sandspring Resources Ltd. After Today's Huge Increase?

The stock of Sandspring Resources Ltd. (CVE:SSP) is a huge mover today! About 167,299 shares traded hands. Sandspring Resources Ltd. (CVE:SSP) has risen 6.00% since October 16, 2016 and is uptrending. It has outperformed by 2.07% the S&P500.
The move comes after 7 months positive chart setup for the $49.08 million company. It was reported on Nov, 15 by Barchart.com. We have $0.87 PT which if reached, will make CVE:SSP worth $53.01M more.

More notable recent Sandspring Resources Ltd. (CVE:SSP) news were published by: Marketwired.com which released: “Sandspring Resources Reports High-Grade Intercepts from the Sona Hill Prospect …” on November 03, 2016, also Marketwired.com with their article: “Sandspring Resources Closes C$6.5 Million Private Placement” published on May 06, 2016, Seekingalpha.com published: “A 10 Million Ounce Call Option On Gold” on February 24, 2016. More interesting news about Sandspring Resources Ltd. (CVE:SSP) were released by: Marketwired.com and their article: “Sandspring Resources Commences 2016 Exploration Campaign” published on August 17, 2016 as well as Marketwatch.com‘s news article titled: “Sandspring Resources Announces Share Purchases by Frank Giustra” with publication date: February 12, 2016.

Sandspring Resources Ltd. is a Canada resource exploration company. The company has a market cap of $49.08 million. The Firm focuses on the exploration for, and resource expansion of, gold and related minerals in Guyana, South America. It currently has negative earnings. The Firm operates in the development of its Toroparu Project for the production of gold, copper and silver in Guyana segment.

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